What is SIP (Systematic Investment Plan)?
For those who do not have much information about the stock market or share market, investing through SIP is a better way to reduce the risk of the investor. SIP is a method of investment and savings under which any investor keeps investing in a fixed amount in their shares or mutual fund. In simple words, it can be said that if you don't have enough money … [Read more...]

Nowadays our television screens are flooded with mutual fund advertisement. Everybody wants to know about it. As I have discussed the mutual fund in my recent article about what is mutual fund and its type. Today I am going to discuss various points about how to purchase mutual fund and how to invest in mutual funds. Where to buy mutual funds. It should be brought online or offline, which is the … [Read more...]

Indian post office provides you various options for your saving. One of the best option for all class of people is the post office recurring deposit plan. The post office recurring deposit is a recurring deposit account, for adding small savings every month. This small saving is converted into a large amount of money after certain years. Generally, these savings are for the future of the member or … [Read more...]

Save Tax: Everyone earn money by working hard, but when this money is deducted from your salaries at the end of the year in the form of tax. This is the most painful moment. Everyone wants to reduce their taxes at least, but taxpayers often do not have enough information about other options. Apart from the Income Tax Act 80C, there are many other income tax laws which get tax exemption in many … [Read more...]

Whether you are a salaried person or businessman tax is a big problem that everybody tries to save.
So today I am going to unveil some facts how to invest your money in various schemes for saving tax in India.
I am going to keep some such schemes in front of you which can prove to be very helpful in saving your tax.
Life insurance
In India Life Insurance is one of the most important and … [Read more...]

Good News: Now You can apply for Loan against LIC Policy online. Earlier we used to apply for loan offline by contacting the agent for understanding eligibility and details and paying a visit to your branch.
Now LIC has simplified the online process by making these methods easy and online, under which you can fill your loan application online. Not only loan, you can also pay Loan Repayment/ … [Read more...]

LIC Jeevan Utkarsh Plan No. 846 is the close ended single premium non-linked with profit savings and investment plan.
Jeevan Utkarsh will be available for 270 days from the date of launch. The plan was launched on 6th September 2017. Last date : 31st March 2018
LIC Jeevan Utkarsh Features:
Closed ended Single Premium Endowment plan
High Risk Cover (10 times of Tabular Single … [Read more...]

Atal Pension Yojana is a scheme which is launched by our honorable Prime Minister Mr. Narendra Modi. According to this Yojana a person can get pension after the age of 60 by depositing some amount monthly, quarterly or yearly this scheme is mainly beneficial for the person who is working in unorganised sector. This scheme also promote the habit of saving and investing money. The subscribers of … [Read more...]

Pradhan Mantri Vaya Vandana Yojana (PMVVY) Plan no.842 is a pension scheme for Senior citizen with assured return of 8% on your purchase price.
Finance Minister has launched the new Pension Plan specially for senior citizens above the age of 60 years. In this scheme you will need to invest your money once (In short this is one time premium pension plan). The scheme is exempt from the Goods and … [Read more...]

LIC Limited Premium Endowment Plan No. 830 launched by LIC that provides saving as well as protection to the policyholders and his family, As it provides a good savings after end of the policy term and the protection to the family financially, If the policyholder meet to unfortunate death. It also provides bonus that are declared on early basis. As the name says the plan is limited premium plan … [Read more...]